New South Wales Consolidated Regulations

PROPERTY AND STOCK AGENTS REGULATION 2014 - REG 50

50 The Register

(1) The Secretary is to enter and keep in the Register details of the following particulars in respect of each licence or certificate of registration issued under the Act--

(a) the name and business address of the person to whom the licence or certificate of registration is issued,

(b) the kind of licence or certificate of registration issued (as described in section 17 of the Act),

(c) the number of the licence or certificate of registration,

(d) date of issue and expiry,

(e) in the case of a licence issued to a member of a partnership, the name and business address of each licensed member of the partnership,

(f) in the case of a corporation licence, the name and business address of each director of the corporation,

(g) the cancellation or any current suspension of the licence or certificate of registration,

(h) any condition of the licence or certificate of registration under section 20 (a) or (d) or 23 (2) of the Act,

(i) the accreditation of the licensee as an auctioneer under section 21 of the Act,

(j) action taken under Part 12 (Complaints and disciplinary action) of the Act against the holder of the licence or certificate of registration that resulted in an adverse finding against the person, together with details of any disciplinary action taken against the person as a result of that adverse finding,

(k) proceedings for any offence under the Act or the regulations made under the Act taken against the holder of the licence or certificate of registration that resulted in a conviction for any such offence, together with details of any penalty imposed for the offence,

(l) current undertakings given under the Act by the holder of the licence or certificate of registration,

(m) the appointment of a manager or receiver under the Act in respect of the licensee,

(n) the number of payments made from the Compensation Fund under Part 10 of the Act in respect of any failure to account of the licensee,

(o) the suspension of the licence or certificate of registration under section 79A of the Fair Trading Act 1987 ,

(p) action in the nature of disciplinary action taken under any other legislation administered by the Minister against the holder of the licence or certificate of registration that resulted in an adverse finding against the person, together with details of any action taken against the person as a result of that adverse finding.

(2) The Secretary is also to enter and keep in the Register details of any application for a licence or certificate of registration that is refused on the ground that the applicant is not a fit and proper person to hold a licence or a certificate of registration.

(3) Details entered in the Register under subclause (2) in respect of a person whose application is so refused are to be removed from the Register on the subsequent grant of a licence or certificate of registration to the person.

(4) Details entered in the Register under subclause (1) (j) or (k) are to be removed from the Register on the expiration of the period of 10 years after the action or conviction to which they relate.